Bitcoin price hits $32K but derivatives metrics still show signs of weakness

There's no doubt that the last couple of months have been bearish for Bitcoin (BTC), but throughout this entire period, derivatives indicators have been relatively neutral. This...
Bitcoin price hits $32K but derivatives metrics still show signs of weakness Bitcoin price hits $32K but derivatives metrics still show signs of weakness

There's no doubt that the last couple of months have been bearish for Bitcoin (BTC), but throughout this entire period, derivatives indicators have been relatively neutral. This could be because cryptocurrencies have a strong track record of volatility, and even 55% corrections from all-time highs are expected.

After two months of struggling to sustain the $30,000 support and finally losing it on July 20, the futures premium and options skew turned bearish. Even PlanB's stock-to-flow valuation model was not expecting prices below $30,000 for the current month. The model uses the stock-to-flow ratio, which is defined by the current number of Bitcoin in circulation and the yearly issuance of newly mined Bitcoin.

RenBTC and Wrapped BTC aggregate supply. Source: Cointrader.pro
Huobi 1-month BTC futures basis. Source: Skew
Bitcoin options put-to-call ratio. Source: Cryptorank.io

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27-07-2021 02:33:36 (UTC+7)

EUR/USD

1.1801

+0.0030 (+0.25%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (8)

EUR/USD

1.1801

+0.0030 (+0.25%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (8)

GBP/USD

1.3814

+0.0069 (+0.50%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (4)

USD/JPY

110.39

-0.15 (-0.14%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

AUD/USD

0.7378

+0.0014 (+0.19%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

USD/CAD

1.2549

-0.0013 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

EUR/JPY

130.28

+0.14 (+0.11%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

EUR/CHF

1.0810

-0.0008 (-0.08%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

Gold Futures

1,797.00

-4.80 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (4)

Silver Futures

25.247

+0.014 (+0.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Copper Futures

4.5927

+0.1927 (+4.38%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (2)

Crude Oil WTI Futures

72.11

+0.04 (+0.06%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Brent Oil Futures

73.84

+0.40 (+0.54%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (1)

Natural Gas Futures

4.075

+0.033 (+0.82%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

US Coffee C Futures

207.90

+18.90 (+10.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Euro Stoxx 50

4,102.59

-6.51 (-0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,420.90

+9.10 (+0.21%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (4)

DAX

15,618.98

-50.31 (-0.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,025.43

-2.15 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Hang Seng

26,220.00

-1064.87 (-3.90%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

US Small Cap 2000

2,212.40

+2.99 (+0.14%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (4)

IBEX 35

8,775.20

+58.00 (+0.67%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (3)

Sell (4)

BASF SE NA O.N.

67.540

+0.510 (+0.76%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Bayer AG NA

51.40

+0.20 (+0.39%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

210.90

+0.40 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Adidas AG

311.95

-5.75 (-1.81%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

Deutsche Lufthansa AG

9.847

-0.002 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

134.56

-0.09 (-0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Deutsche Bank AG

10.660

+0.070 (+0.66%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

 EUR/USD1.1801↑ Sell
 GBP/USD1.3814Sell
 USD/JPY110.39↑ Buy
 AUD/USD0.7378↑ Sell
 USD/CAD1.2549↑ Buy
 EUR/JPY130.28Sell
 EUR/CHF1.0810Neutral
 Gold1,797.00↑ Sell
 Silver25.247↑ Sell
 Copper4.5927↑ Buy
 Crude Oil WTI72.11↑ Sell
 Brent Oil73.84Neutral
 Natural Gas4.075↑ Buy
 US Coffee C207.90↑ Buy
 Euro Stoxx 504,102.59↑ Buy
 S&P 5004,420.90Neutral
 DAX15,618.98↑ Buy
 FTSE 1007,025.43↑ Buy
 Hang Seng26,220.00↑ Sell
 Small Cap 20002,212.40Neutral
 IBEX 358,775.20Neutral
 BASF67.540↑ Buy
 Bayer51.40↑ Buy
 Allianz210.90↑ Buy
 Adidas311.95↑ Sell
 Lufthansa9.847↑ Sell
 Siemens AG134.56↑ Buy
 Deutsche Bank AG10.660↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,720
(0/ 0) # 687
SJC HCM5,680/ 5,745
(0/ 0) # 713
SJC Hanoi5,680/ 5,747
(0/ 0) # 715
SJC Danang5,680/ 5,747
(0/ 0) # 715
SJC Nhatrang5,680/ 5,747
(0/ 0) # 715
SJC Cantho5,680/ 5,747
(0/ 0) # 715
Cập nhật 27-07-2021 02:33:38
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,797.52-2.71-0.15%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2188022310
RON 95-II,III2178022210
E5 RON 92-II2061021020
DO 0.05S1653016860
DO 0,001S-V1688017210
Dầu hỏa1550015810
ↂ Giá dầu thô thế giới
WTI$71.92+0.190.27%
Brent$74.67-0.71-0.95%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.880,0023.110,00
EUR26.387,0727.760,11
GBP30.825,6632.113,27
JPY203,04213,69
KRW17,2621,01
Cập nhật lúc 18:50:27 26/07/2021
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